No surprises as IBJR rejects proposed 15% betting tax
IBJR argues that a 15% tax would penalize licensed operators and push consumers toward unregulated betting.
IBJR argues that a 15% tax would penalize licensed operators and push consumers toward unregulated betting.
According to the regulator, they had previously warned Spribe that it was operating under an inappropriate licence and needed to apply for the correct one.
The 2021 State Gambling Treaty is currently under evaluation by the German Government.
The study resulted from a recently passed bill authored by Indiana Sen. Andy Zay.
The operator's adjusted EBITDA for the third quarter of 2025 was reported to be $36m, representing an increase of 54%, while total revenue grew 20% from the prior year period.
The operator stated its net loss for Q3 2025 was attributed to a $256m charge for withdrawing its commercial gaming license application in New York, as well as $93m in non-cash write-offs.
Both the Las Vegas Strip and Downtown areas witnessed falls in revenue year-over-year, as the Strip reported a September 2025 revenue of just over $687.8m but decreased 5.5%.
A federal judge has ruled that Massachusetts' case against Kalshi's sports event contracts must be heard in the state.
The SPA has authorized operator DigiPlus to suppress its brand GamePlus, greenlighting ArenaPlus and BingoPlus to take its place.
Brazil's Secretary of Prizes and Betting, Régis Dudena, has reinforced that betting is a public service, not a free market activity.